Indicators: JMA Keltner Сhannel
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JMA Keltner Сhannel:
Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands.
Since SMA is the slowest moving average, here is a version that uses a much "faster" moving average for the calculation instead: the JMA (Jurik Moving Average) that is very well known for its smoothness too. That should help in faster response to volatile markets.
Author: Mladen Rakic